Airbnb earns hosts $900 per month on average

The hit rental service earns hosts a whopping $924 (£708) per month on average, according to a new study which assessed thousands of loan applicants in America over the last two years.

In second place was TaskRabbit, which enables people to advertise their skills for odd jobs, earning users an average of $380 (£291) per month.

Airbnb earns US hosts a whopping $924 (£708) per month on average, according to a new study which assessed thousands of loan applicants in America over the last two years

Car-sharing app Lyft is the third-biggest money-spinner, bringing in an average of £299 extra per month.

Uber comes next as the fourth most lucrative, netting drivers $364 (£279) in monthly earnings.

Doordash, a restaurant food delivery service, made fifth place; while Postmates, an app which allows you deliver goods from any store, came in at number six.

Etsy, where you can sell a wide variety of fares, was found to be the seventh most profitable side gig, followed by Fiverr, the world’s largest freelance services marketplace, which took the spot at number eight.

In second place was TaskRabbit, which enables people to advertise their skills for odd jobs, earning users an average of $380 (£291) per month

Car-sharing app Lyft is the third-biggest money-spinner, bringing in an average of £299 extra per month, while Uber comes next as the fourth most lucrative (stock image)

BIGGEST EARNERS

1) Airbnb $924 (£708)

2) TaskRabbit $380 (£291)

3) Lyft $377 (£289)

4) Uber $364 (£279)

5) Doordash $229 (£175)

6) Postmates $174 (£133)

7) Etsy $151 (£115)

8) Fiverr $103 (£79)

9) Getaround $98 (£75)

SOURCE: Earnest.com

The least lucrative on the list was car-sharing service Getaround, which produces an average profit of around £75 per month.

A spokesman for Earnest stated: ‘We looked at a span of data accounting for just over two years, and for each worker, we analyzed a pay period of between one and 27 months.

‘Airbnb hosts make nearly three times as much as other workers.

‘Of course, on all of these platforms, there is a wide range of earners. Several Airbnb hosts in our records, for instance, made over $10,000 (£7,600) per month, while others made less than $200 (£150).’

The resulting average, however, is still an impressive number for those hoping to monetize spare space in their homes.